The world's largest issuer of exchange traded funds, BlackRock, Inc. (NYSE: BLK), has teamed up with Ric Edelman and Edelman Financial Services, one of the largest registered investment advisory firms, to launch the iShares Exponential Technologies ETF (NYSE: XT).
The ETF began trading Tuesday with about $10 million in assets; however, with both BlackRock and Edelman Financial powerhouses in their respective industries, XT will likely be able to gain more traction going forward.
Ric Edelman is known for his "exponential technology" strategy for investing, which comes from his ...
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